​We are at the beginning of a new era in the in the industrial sector, Industrie 4.0 term was invented in Germany and is now the common way to call this phenomenon.Industrie 4.0 is an overall change of perception similar to the change the ERP brought to the world 30 years ago, It has revolutionized the logistic business, transforming it entirely to answer shorter lead times required by the industry. The logistics business is very different these days than 10 years ago.This is what’s coming to the industrial world. Several catalysators are leading to this change:

Ever growing demand for personalized products, drives the manufacturing floor to be dynamic and ever changing

The capacity in which material change and shortening product lifecycle support

This is what’s coming to the industrial world. Several catalysators are leading to this change:

Ever growing demand for personalized products, drives the manufacturing floor to be dynamic and ever changing

The capacity in which material change and shortening product lifecycle support

Cost of sensors and material once considered significant and therefore not worthy is now available and is driven by product consumers.

The growing, or may I say exploding…, trend of internet connected devices allow manufacturing industry to collect and analyze data that was once not available.

This what generated the additional term the “smart factory” having more and more connected devices to assist in product quality, monitoring. Samsung and their exploding battery caused such a severe effect they cannot afford another blow like that to the brand and its reputation.Imagine if Samsung could have known about the first few events because their devices reported of mal functions, if they could have drilled down into the product series and conduct an root cause analysis on the matter they would have been in a different place one the first videos started surfacing online.The bigger players in the market are forced to be more and more innovative to compete and they do the best they can to optimize business models, like Rolls Royce did with their famous jet engine lease model, this caused Rolls Royce to be more and more involved in the way their engines are used as well as any event that is taking place in their products.Another aspect is the ever growing IOT market that creates significant number of new smaller companies, this is a great news where we saw great consolidation in manufacturing companies and suppliers, eventually leading to price increases.The emergence of new manufacturers without market power and no history drives the next social trend, a professional network of professionals who know that together they can negotiate better and reduce time to market, avoid pit falls they are bound to trip into.Pin2Pin.de is a new player like that in the world of procurement, a market long been in a comfort zone with significant consolidation and high barriers of entry. With new companies created by the day, the ability to look at all the market must offer along with trends and predicted shortage times would mean huge savings as well as avoiding insolvency.Managing risk and having an overview of the market of electronic components is our vision” says Ran Oren, Founder and CEO of Sourcingbot.com. he added “there is huge potential in making this market more transparent, it doesn’t make sense that 2 medical companies from Hamburg from from different corners of the world wont communicate and share knowhow.”The vision of industrie 4.0 is not about new shiny AI enabled robots but the same robots and machines but monitored better and avoiding issues by predicting them.We are still in rough times where consumer spending is tight, OEMs don’t have a lot of money to invest but they wish to do it smart, new machinery will not be replaced so fast. This means that a shortage of a specific part or a malfunctioning part will be forecasted and dealt with online, if an alternative part is required, Pin2Pin will come in handy and search one for you and contacting potential suppliers as soon as the shortage was identified by the production machinery and quality.Like many other industrial revolutions, manufacturers too entrenched in their comfort zone might lose their lead and miss a corner. But this change will be pushed by those who struggle to make it to market. As well as consumer, potential brand affect like Samsung had and took ages to respond to.Manufacturing market is now waking up after a long nap finally decided to get on the social and sharing economy.

3. Cost of sensors and material once considered significant and therefore not worthy is now available and is driven by product consumers.4. The growing, or may I say exploding…, trend of internet connected devices allow manufacturing industry to collect and analyze data that was once not available.​We are at the beginning of a new era in the in the industrial sector, Industrie 4.0 term was invented in Germany and is now the common way to call this phenomenon.Industrie 4.0 is an overall change of perception similar to the change the ERP brought to the world 30 years ago, It has revolutionized the logistic business, transforming it entirely to answer shorter lead times required by the industry. The logistics business is very different these days than 10 years ago.